Global Radiotherapy Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

External Beam Radiotherapy - Image-Guided Radiotherapy (IGRT), Intensity Modulated Radiotherapy (IMRT), Stereotactic Therapy and Particle Therapy, Internal Beam Radiotherapy/Brachytherapy - Low-Dose-Rate (LDR) Brachytherapy, High-Dose-Rate (HDR) Brachytherapy and Pulsed-Dose-Rate Brachytherapy, Systemic Radiotherapy - Intravenous Radiopharmaceuticals, Oral Radiopharmaceuticals and Instillation Radiopharmaceuticals.

By Therapy Type;

External Beam Radiation Therapy, Internal Beam Radiation Therapy, and Systemic Radiation Therapy.

By Application;

Prostate Cancer, Breast Cancer, Lung Cancer, Head and Neck Cancer, Colorectal Cancer, Gynecological Cancer, Cervical Cancer and Others.

By End User;

Hospitals and Independent Radiotherapy Centers.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn546358417 Published Date: May, 2025 Updated Date: June, 2025

Radiotherapy Market Overview

Radiotherapy Market (USD Million)

Radiotherapy Market was valued at USD 7,138.07 million in the year 2024. The size of this market is expected to increase to USD 10,818.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.


Global Radiotherapy Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.1 %
Market Size (2024)USD 7,138.07 Million
Market Size (2031)USD 10,818.36 Million
Market ConcentrationMedium
Report Pages325
7,138.07
2024
10,818.36
2031

Major Players

  • Varian Medical Systems
  • Elekta AB
  • Accuray Incorporated
  • Siemens Healthineers
  • ViewRay Inc
  • IBA Dosimetry
  • Eckert & Ziegler BEBIG
  • Theragenics Corporation
  • Hitachi Ltd
  • Shinva Medical Instrument Co., Ltd

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Radiotherapy Market

Fragmented - Highly competitive market without dominant players


The Radiotherapy Market is expanding rapidly as the need for effective and targeted cancer treatments becomes more urgent. Recent advances in radiological technology have driven over 35% market growth, especially with the adoption of more precise systems like linear accelerators. This progress highlights radiotherapy’s evolving importance in modern oncology.

Technological Advancements
Breakthroughs in treatment techniques such as intensity-modulated radiotherapy and proton therapy are significantly improving patient outcomes. The use of AI-driven platforms has also led to a 28% improvement in precision and success rates, making these tools highly valued by healthcare providers. These upgrades continue to enhance the performance and appeal of radiotherapy solutions.

Rising Awareness and Adoption
Better access to healthcare and rising awareness about cancer detection are helping increase the popularity of radiotherapy. With more patients choosing radiation-based treatments, procedural adoption has grown by approximately 25%. Enhanced public education and insurance support are key contributors to this shift toward non-invasive options.

Future Outlook
The future of the radiotherapy industry looks promising with expected market growth surpassing 40% in the coming years. Innovations, favorable healthcare policies, and better treatment access will likely fuel this expansion. Radiotherapy is positioned to remain a core strategy in the fight against cancer, aligning with integrated treatment models.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Thearpy Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Radiotherapy Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Increasing cancer prevalence
        3. Growing adoption of radiotherapy devices
        4. Rising awareness about cancer treatment
      2. Restraints
        1. High treatment costs
        2. Side effects of radiotherapy
        3. Limited access in developing countries
        4. Stringent regulatory requirements
      3. Opportunities
        1. Emerging markets expansion
        2. Advancements in personalized radiotherapy
        3. Integration of AI in radiotherapy
        4. Rising investment in healthcare infrastructure
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Radiotherapy Market, By Technology, 2021 - 2031 (USD Million)
      1. External Beam Radiotherapy
        1. Image-Guided Radiotherapy (IGRT)
        2. Intensity Modulated Radiotherapy (IMRT)
        3. Stereotactic Therapy
        4. Particle Therapy
      2. Internal Beam Radiotherapy/Brachytherapy
        1. Low-Dose-Rate (LDR) Brachytherapy
        2. High-Dose-Rate (HDR) Brachytherapy
        3. Pulsed-Dose-Rate Brachytherapy
      3. Systemic Radiotherapy
        1. Intravenous Radiopharmaceuticals
        2. Oral Radiopharmaceuticals
        3. Instillation Radiopharmaceuticals
    2. Radiotherapy Market, By Thearpy Type, 2021 - 2031 (USD Million)
      1. External Beam Radiation Therapy
      2. Internal Beam Radiation Therapy
      3. Systemic Radiation Therapy
    3. Radiotherapy Market, By Application, 2021 - 2031 (USD Million)
      1. Prostate Cancer
      2. Breast Cancer
      3. Lung Cancer
      4. Head and Neck Cancer
      5. Colorectal Cancer
      6. Gynecological Cancer
      7. Cervical Cancer
      8. Others
    4. Global Radiotherapy Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Independent Radiotherapy Centers
    5. Global Radiotherapy Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Kore
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Varian Medical Systems
      2. Elekta AB
      3. Accuray Incorporated
      4. Siemens Healthineers
      5. ViewRay Inc
      6. IBA Dosimetry
      7. Eckert & Ziegler BEBIG
      8. Theragenics Corporation
      9. Hitachi Ltd
      10. Shinva Medical Instrument Co., Ltd
  7. Analyst Views
  8. Future Outlook of the Market